Small Business Satisfaction With Commercial Insurers Resurges: J.D. Power

  A toxic combination of business disruption and economic uncertainty strained the relationship between small businesses and their commercial line insurers during the pandemic, causing customer satisfaction to decline beginning in 2020 for the first time in seven years. According to the J.D. Power 2022 U.S. Small Commercial Insurance Study, that trend has reversed, with overall…

Read More

$12M in Emergency Funding for Death Valley Flood Repairs

    Nearly $12 million has been made available to the National Park Service to repair flood damage to roads in Death Valley National Park, the U.S. Department of Transportation’s Federal Highway Administration said. Most roads in the desert park have been closed since runoff from thunderstorms on Aug. 5 wiped out major sections of…

Read More

California workers’ compensation insurance

    California workers’ compensation insurance Workers’ compensation insurance covers the cost of work-related injuries. It’s required for all California businesses that have employees. Who needs workers’ comp insurance in California? Every state has different requirements for workers’ compensation insurance. In California, workers’ compensation is mandatory for all employers, even if the company only has one employee.…

Read More

Cyber Attacks / Prevention Tactics

Cyber Attacks and Prevention Tactics: Worldwide cyber security spending will reach $133.7 billion by 2022 according to a Gartner Inc. prediction. Cyber attacks are growing increasingly sophisticated forcing organizations to invest heavily in developing strategies for preventing data breaches.  Cyber Crime Statistics: Spending, Costs and Causes. Half of large enterprises (over 10,000 employees ) spend…

Read More

Umbrella Liability Insurance

Umbrella Liability Insurance  The following factors can increase the cost of umbrella liability insurance: Your business is open to the public and experiences lots of foot traffic, which increases the chance of a claim on your general liability policy.  You regularly handle customer property, which places you at risk of a property damage lawsuit. You…

Read More

Commercial Truck Insurance

How Does Commercial Truck Insurance Work?   Similar to other forms of auto coverage, commercial truck insurance protects others in the form of bodily injury and property damage liability coverage if a truck driver is found responsible for an accident.  Commercial truck insurance can also offer other coverages, such as comprehensive and collision protection, cargo…

Read More

Assembly Bill 5 (AB5)

California recently adopted Assembly Bill 5 (AB5), authored by Asm. Lorena Gonzalez (D-San Diego). AB -5 places into law an independent contractor test known as “ABC” test. In order to be considered an independent contractor, a worker must satisfy all 3 parts of the test. A. The person is free from the control and direction…

Read More